News and notifications

- Economic Forecast

Overview of the Icelandic FX market

After having appreciated somewhat the first couple of days of April, the Icelandic króna has been slowly depreciating. At the end of day yesterday (4 June), the euro stood at 139.4, 4.5% higher than the lowest daily closing value in the first weeks of April (133.45). The CBI sold EUR 15m against the depreciation on 22 and 23 May. Otherwise, the CBI has stayed on the side-line.

Icelandic FX market - June 2019


Weekly bulletin - 14 October 2019 10:00 AM

Icelandic Economic Weekly: Monday 14 October 2019

The CBI released its biannual Financial Stability Report. The Government Debt Management Agency published its monthly Market Information report. Icelandair released traffic data for September.


News and Notifications - 11 October 2019 08:49 AM

Interest rate changes at Landsbankinn

Rates for non-indexed housing mortgages with interest rates fixed for 36 and 60 months decrease by 0.25 percentage points. Floating non-indexed rates generally fall by 0.05 to 0.25 percentage points. Floating interest rates on non-indexed housing mortgages decrease by 0.10 percentage points.


Weekly bulletin - 07 October 2019 08:50 AM

Icelandic Economic Weekly: Monday 7 October 2019

The MPC lowered policy rates by 0.25 percentage points. The króna appreciated in September. Some 183,000 foreign visitors travelled through Keflavík International Airport in September, a YOY decrease of 20.7%.